SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Monday's session are Walgreen Co., Lucent Technologies Inc. and Tim Hortons Inc.
Walgreen Co. (WAG) is expected to post a per-share profit of 52 cents in its fiscal second quarter, according to analysts polled by Thomson First Call.
American Airlines' parent AMR Corp. (AMR) said it expects jet fuel to cost $1.97 a gallon this year, with an average price of $1.91 in the first quarter of 2006. Total fuel consumption in 2006 will reach 3.14 billion gallons, the carrier said in a filing with the Securities and Exchange Commission. The company expects that its first-quarter consolidated unit revenue should rise 9.9% to 10.9% from last year while the mainline unit revenue is expected to increase 9.2% to 10.2%.
Corgentech Inc. (CGTK) said a Phase II trial showed "no significant difference in pain score" between its 4975 drug candidate and the control arm. The study was designed to measure the effectiveness of 4975 in treating pain induced by surgical repair of an inguinal hernia. See After Hours column.
Lucent Technologies Inc. (LU) and Alcatel SA (ALA) (013000) said they are in talks concerning a possible $33 billion merger that if completed would create one of the world's top makers of communications equipment. See full story.
Matria Healthcare Inc. (MATR) Chairman and Chief Executive Parker Petit said his company will narrow its financial forecast for 2006 when it issues its first-quarter earnings report around April 23. See full story.
Tim Hortons Inc. (THI) , the Canadian doughnut giant, soared in its initial public offering. See full story.